Im sure alot of u are as tired of the whole rat race process.... what am i to do... i read the newspaper inside out... try and gather all the information from my various sites being business standard, rediff and Mba preparatory site Testfunda.com..... today i was so exhausted that i called up alot of institutions mainly coaching classes to assist me on which college to choose after my CET GD PI rounds....
All these institutes had their counselors on the phone explaining what college could pick... but there is something id like to add...
While talking to one of these really depressing counselor i thought to myself maybe if I tried calling testfunda they would also give me some insight in the matter... I had taken their tests and studied from my friends testfunda notes and had found them to be nice and crisp....
so there i was calling testfunda.. someone answered there helpline no. and for a change my call wasnt transferred to ''THE CONCERNED PERSON''.... I must have sounded all tensed so the first thing that the lady on the call did was calmed me down.... she explained to me that though the scene was tough but there was still hope.... not only was i told what colleges i could get a call from but also i was told what all i could do just incase i dint make it.... it was a warm feeling which made me feel protected....
Im back to my warrior self.... ready to face the whole process again....
Ive already mailed testfunda a thank u note.... just wanted to tell all my readers....God really showed me light!!!
Showing posts with label MBA. Show all posts
Showing posts with label MBA. Show all posts
Saturday, April 17, 2010
Saturday, April 3, 2010
How is the Sensex calculated
For the premier Bombay Stock Exchange that pioneered the stock broking activity in India, 128 years of experience seems to be a proud milestone. A lot has changed since 1875 when 318 persons became members of what today is called The Stock Exchange, Mumbai by paying a princely amount of Re 1.
Since then, the country's capital markets have passed through both good and bad periods. The journey in the 20th century has not been an easy one. Till the decade of eighties, there was no scale to measure the ups and downs in the Indian stock market. The Stock Exchange, Mumbai in 1986 came out with a stock index that subsequently became the barometer of the Indian stock market.
Sensex is not only scientifically designed but also based on globally accepted construction and review methodology. First compiled in 1986, Sensex is a basket of 30 constituent stocks representing a sample of large, liquid and representative companies.
The base year of Sensex is 1978-79 and the base value is 100. The index is widely reported in both domestic and international markets through print as well as electronic media.
The Index was initially calculated based on the "Full Market Capitalization" methodology but was shifted to the free-float methodology with effect from September 1, 2003. The "Free-float Market Capitalization" methodology of index construction is regarded as an industry best practice globally. All major index providers like MSCI, FTSE, STOXX, S&P and Dow Jones use the Free-float methodology.
Due to is wide acceptance amongst the Indian investors; Sensex is regarded to be the pulse of the Indian stock market. As the oldest index in the country, it provides the time series data over a fairly long period of time (From 1979 onwards). Small wonder, the Sensex has over the years become one of the most prominent brands in the country.
The growth of equity markets in India has been phenomenal in the decade gone by. Right from early nineties the stock market witnessed heightened activity in terms of various bull and bear runs. The Sensex captured all these events in the most judicial manner. One can identify the booms and busts of the Indian stock market through Sensex.
Sensex Calculation Methodology
Sensex is calculated using the "Free-float Market Capitalization" methodology. As per this methodology, the level of index at any point of time reflects the Free-float market value of 30 component stocks relative to a base period. The market capitalization of a company is determined by multiplying the price of its stock by the number of shares issued by the company. This market capitalization is further multiplied by the free-float factor to determine the free-float market capitalization.
The base period of Sensex is 1978-79 and the base value is 100 index points. This is often indicated by the notation 1978-79=100. The calculation of Sensex involves dividing the Free-float market capitalization of 30 companies in the Index by a number called the Index Divisor.
The Divisor is the only link to the original base period value of the Sensex. It keeps the Index comparable over time and is the adjustment point for all Index adjustments arising out of corporate actions, replacement of scrips etc. During market hours, prices of the index scrips, at which latest trades are executed, are used by the trading system to calculate Sensex every 15 seconds and disseminated in real time.
Understanding Free-float Methodology
Free-float Methodology refers to an index construction methodology that takes into consideration only the free-float market capitalisation of a company for the purpose of index calculation and assigning weight to stocks in Index. Free-float market capitalization is defined as that proportion of total shares issued by the company that are readily available for trading in the market.
It generally excludes promoters' holding, government holding, strategic holding and other locked-in shares that will not come to the market for trading in the normal course. In other words, the market capitalization of each company in a Free-float index is reduced to the extent of its readily available shares in the market.
In India, BSE pioneered the concept of Free-float by launching BSE TECk in July 2001 and Bankex in June 2003. While BSE TECk Index is a TMT benchmark, Bankex is positioned as a benchmark for the banking sector stocks. Sensex becomes the third index in India to be based on the globally accepted Free-float Methodology.
________________________________________
Example :
Suppose the Index consists of only 2 stocks: Stock A and Stock B.
Suppose company A has 1,000 shares in total, of which 200 are held by the promoters, so that only 800 shares are available for trading to the general public. These 800 shares are the so-called 'free-floating' shares.
Similarly, company B has 2,000 shares in total, of which 1,000 are held by the promoters and the rest 1,000 are free-floating.
Now suppose the current market price of stock A is Rs 120. Thus, the 'total' market capitalisation of company A is Rs 120,000 (1,000 x 120), but its free-float market capitalisation is Rs 96,000 (800 x 120).
Similarly, suppose the current market price of stock B is Rs 200. The total market capitalisation of company B will thus be Rs 400,000 (2,000 x 200), but its free-float market cap is only Rs 200,000 (1,000 x 200).
So as of today the market capitalisation of the index (i.e. stocks A and B) is Rs 520,000 (Rs 120,000 + Rs 400,000); while the free-float market capitalisation of the index is Rs 296,000. (Rs 96,000 + Rs 200,000).
The year 1978-79 is considered the base year of the index with a value set to 100. What this means is that suppose at that time the market capitalisation of the stocks that comprised the index then was, say, 60,000 (remember at that time there may have been some other stocks in the index, not A and B, but that does not matter), then we assume that an index market cap of 60,000 is equal to an index-value of 100.
Thus the value of the index today is = 296,000 x 100/60,000 = 493.33
This is how the Sensex is calculated.
The factor 100/60000 is called index divisor.
Source: testfunda.com
Since then, the country's capital markets have passed through both good and bad periods. The journey in the 20th century has not been an easy one. Till the decade of eighties, there was no scale to measure the ups and downs in the Indian stock market. The Stock Exchange, Mumbai in 1986 came out with a stock index that subsequently became the barometer of the Indian stock market.
Sensex is not only scientifically designed but also based on globally accepted construction and review methodology. First compiled in 1986, Sensex is a basket of 30 constituent stocks representing a sample of large, liquid and representative companies.
The base year of Sensex is 1978-79 and the base value is 100. The index is widely reported in both domestic and international markets through print as well as electronic media.
The Index was initially calculated based on the "Full Market Capitalization" methodology but was shifted to the free-float methodology with effect from September 1, 2003. The "Free-float Market Capitalization" methodology of index construction is regarded as an industry best practice globally. All major index providers like MSCI, FTSE, STOXX, S&P and Dow Jones use the Free-float methodology.
Due to is wide acceptance amongst the Indian investors; Sensex is regarded to be the pulse of the Indian stock market. As the oldest index in the country, it provides the time series data over a fairly long period of time (From 1979 onwards). Small wonder, the Sensex has over the years become one of the most prominent brands in the country.
The growth of equity markets in India has been phenomenal in the decade gone by. Right from early nineties the stock market witnessed heightened activity in terms of various bull and bear runs. The Sensex captured all these events in the most judicial manner. One can identify the booms and busts of the Indian stock market through Sensex.
Sensex Calculation Methodology
Sensex is calculated using the "Free-float Market Capitalization" methodology. As per this methodology, the level of index at any point of time reflects the Free-float market value of 30 component stocks relative to a base period. The market capitalization of a company is determined by multiplying the price of its stock by the number of shares issued by the company. This market capitalization is further multiplied by the free-float factor to determine the free-float market capitalization.
The base period of Sensex is 1978-79 and the base value is 100 index points. This is often indicated by the notation 1978-79=100. The calculation of Sensex involves dividing the Free-float market capitalization of 30 companies in the Index by a number called the Index Divisor.
The Divisor is the only link to the original base period value of the Sensex. It keeps the Index comparable over time and is the adjustment point for all Index adjustments arising out of corporate actions, replacement of scrips etc. During market hours, prices of the index scrips, at which latest trades are executed, are used by the trading system to calculate Sensex every 15 seconds and disseminated in real time.
Understanding Free-float Methodology
Free-float Methodology refers to an index construction methodology that takes into consideration only the free-float market capitalisation of a company for the purpose of index calculation and assigning weight to stocks in Index. Free-float market capitalization is defined as that proportion of total shares issued by the company that are readily available for trading in the market.
It generally excludes promoters' holding, government holding, strategic holding and other locked-in shares that will not come to the market for trading in the normal course. In other words, the market capitalization of each company in a Free-float index is reduced to the extent of its readily available shares in the market.
In India, BSE pioneered the concept of Free-float by launching BSE TECk in July 2001 and Bankex in June 2003. While BSE TECk Index is a TMT benchmark, Bankex is positioned as a benchmark for the banking sector stocks. Sensex becomes the third index in India to be based on the globally accepted Free-float Methodology.
________________________________________
Example :
Suppose the Index consists of only 2 stocks: Stock A and Stock B.
Suppose company A has 1,000 shares in total, of which 200 are held by the promoters, so that only 800 shares are available for trading to the general public. These 800 shares are the so-called 'free-floating' shares.
Similarly, company B has 2,000 shares in total, of which 1,000 are held by the promoters and the rest 1,000 are free-floating.
Now suppose the current market price of stock A is Rs 120. Thus, the 'total' market capitalisation of company A is Rs 120,000 (1,000 x 120), but its free-float market capitalisation is Rs 96,000 (800 x 120).
Similarly, suppose the current market price of stock B is Rs 200. The total market capitalisation of company B will thus be Rs 400,000 (2,000 x 200), but its free-float market cap is only Rs 200,000 (1,000 x 200).
So as of today the market capitalisation of the index (i.e. stocks A and B) is Rs 520,000 (Rs 120,000 + Rs 400,000); while the free-float market capitalisation of the index is Rs 296,000. (Rs 96,000 + Rs 200,000).
The year 1978-79 is considered the base year of the index with a value set to 100. What this means is that suppose at that time the market capitalisation of the stocks that comprised the index then was, say, 60,000 (remember at that time there may have been some other stocks in the index, not A and B, but that does not matter), then we assume that an index market cap of 60,000 is equal to an index-value of 100.
Thus the value of the index today is = 296,000 x 100/60,000 = 493.33
This is how the Sensex is calculated.
The factor 100/60000 is called index divisor.
Source: testfunda.com
Sunday, February 21, 2010
MHCET and my experience....
I pleaded for a new OMR sheet but of course in vain
... almost after 15minutes I get my question sheet... and voila the clock starts to tick..Ive got set 333 so all my DI are last. I dint solve the bodmas and quant... I marked all of these as option 3. Tukkas like all say...hope i do well.... Also i do understand that is not the best season for MBA test takers but im being optimistic....i also understand that the cut offs would be really high... so lets see!!! Sunday, February 14, 2010
ATMA.... the ghost of the exam...
ATMA is an exam approved by the Ministry of Human Resource Development of the Government of India for admission on All India Basis to the MBA / PGDM and other Postgraduate Programmes like MCA..
the exam was conducted on the 14th of Feb so the sight outside the centre in Mumbai.... most of the girls had their hands full of flowers or chocolates or teddies.. ya i dont believe ppl so much importance to valentines day.... no one bothered about the exam to come....
that was not the only scene... apparently alot of students forget to bring the their payment recipts which we had to carry with us....so another round of confusion had started....somehow they were allowed to take the test by taking the invigilators' signture on the admit cards....
the paper was really simple with enough time... all sections were given separately and one wasn't allowed to do another set in the assigned time... all sections were easy... i hope all u guys clear the test with flying colours...
the exam was conducted on the 14th of Feb so the sight outside the centre in Mumbai.... most of the girls had their hands full of flowers or chocolates or teddies.. ya i dont believe ppl so much importance to valentines day.... no one bothered about the exam to come....
that was not the only scene... apparently alot of students forget to bring the their payment recipts which we had to carry with us....so another round of confusion had started....somehow they were allowed to take the test by taking the invigilators' signture on the admit cards....
the paper was really simple with enough time... all sections were given separately and one wasn't allowed to do another set in the assigned time... all sections were easy... i hope all u guys clear the test with flying colours...
Sunday, February 7, 2010
MAT the Management aptitude test
The Management Aptitude Test was conducted on the 7th of Feb.... that also happened to be the day when Rahul Gandhi decided to take a local train and act as a commoner before he zoomed around Mumbai with his convoy....A few my friends jus about reached on time and all thanks to the traffic blocks...nyways getting to the paper it was a good one... not a very tough one... verbal was quite easy for me and i had actually taken help from a friend who was refering to Testfunda.com's course.....
My paper was smooth no goof ups .... only i wish now i get admission somewhere....
My paper was smooth no goof ups .... only i wish now i get admission somewhere....
Tuesday, January 19, 2010
What Ensures The Success Of Business Families?
Im really liking these articles.... they are really cool to read...
One of the most common forms of business ownership, family businesses are one of the most overlooked. From the Tatas, Birlas and Ambanis in India to such global giants as Wal-Mart BMW and Samsung, family businesses are present everywhere, from the corner store to multi-billion corporations.
After the first entrepreneurial generation, family businesses face the challenge of transitioning into professionally managed corporations, with a unique set of problems. In many cases, the descendants want to take over control of the company though they may not be suited to do so. And as generations pass, the number of family shareholders only increases with the holdings getting fragmented. According to statistics, less than 30% of businesses survive the third generation of ownership. However, those that do, have a record of performing better than their corporate counterparts.
Studying the life histories of family run corporations, a few truths emerge. Family run businesses face two primary challenges – achieving business performance and keeping the family committed to the business. For this, some of the things that need to work well include family relationships, ownership structure designed to provide sufficient capital for growth while retaining control of key portions of the business, good governance, a dynamic business portfolio, professional management of the family’s wealth and charitable foundations to promote values across the generations in the family.
There are many reasons for family businesses to go under, such as family conflicts over money, nepotism leading to poor management, infighting and a lack of vision. A clear definition of the family role in the business is essential for the business to grow. There have to be clear boundaries in terms of the decision-making and control of the company’s management. Even the Tatas went through different stages before evolving to the present structure.
In the post-Independence era, JRD Tata, then chairman of the Tata Group, managed his empire by dividing it into virtual fiefdoms with lieutenants like Russi Mody of Tata Steel and Darbari Seth of Tata Tea and Tata Chemicals managing their share of companies almost single-handedly. The structure changed when Ratan Tata, the current Chairman, brought about a shift in the way the group worked, with stronger controls at the centre and professional managers at the head of each group company. To achieve this, he had to wrest control away from the entrenched senior members of the board. The family still retains control at the centre, which effectively helps in strategic decision-making, but the companies themselves are run by professional managers with no day-to-day interference from the family, except where family members themselves work in the company, such as Trent which is headed by Noel Tata.
CEOs are the professional need of any company, and the family has to ensure that no interference takes place at the management level. If possible, a family council should be used to direct the activities of the business(es) to ensure their stake is looked after well, but not to the level of micro-management. A continual agreement is essential to ensure smooth working, and the continued survival and success of the venture.
One of the most common forms of business ownership, family businesses are one of the most overlooked. From the Tatas, Birlas and Ambanis in India to such global giants as Wal-Mart BMW and Samsung, family businesses are present everywhere, from the corner store to multi-billion corporations.
After the first entrepreneurial generation, family businesses face the challenge of transitioning into professionally managed corporations, with a unique set of problems. In many cases, the descendants want to take over control of the company though they may not be suited to do so. And as generations pass, the number of family shareholders only increases with the holdings getting fragmented. According to statistics, less than 30% of businesses survive the third generation of ownership. However, those that do, have a record of performing better than their corporate counterparts.
Studying the life histories of family run corporations, a few truths emerge. Family run businesses face two primary challenges – achieving business performance and keeping the family committed to the business. For this, some of the things that need to work well include family relationships, ownership structure designed to provide sufficient capital for growth while retaining control of key portions of the business, good governance, a dynamic business portfolio, professional management of the family’s wealth and charitable foundations to promote values across the generations in the family.
There are many reasons for family businesses to go under, such as family conflicts over money, nepotism leading to poor management, infighting and a lack of vision. A clear definition of the family role in the business is essential for the business to grow. There have to be clear boundaries in terms of the decision-making and control of the company’s management. Even the Tatas went through different stages before evolving to the present structure.
In the post-Independence era, JRD Tata, then chairman of the Tata Group, managed his empire by dividing it into virtual fiefdoms with lieutenants like Russi Mody of Tata Steel and Darbari Seth of Tata Tea and Tata Chemicals managing their share of companies almost single-handedly. The structure changed when Ratan Tata, the current Chairman, brought about a shift in the way the group worked, with stronger controls at the centre and professional managers at the head of each group company. To achieve this, he had to wrest control away from the entrenched senior members of the board. The family still retains control at the centre, which effectively helps in strategic decision-making, but the companies themselves are run by professional managers with no day-to-day interference from the family, except where family members themselves work in the company, such as Trent which is headed by Noel Tata.
CEOs are the professional need of any company, and the family has to ensure that no interference takes place at the management level. If possible, a family council should be used to direct the activities of the business(es) to ensure their stake is looked after well, but not to the level of micro-management. A continual agreement is essential to ensure smooth working, and the continued survival and success of the venture.
Sunday, January 17, 2010
December Unemployment Figures Belie hopes of a recovery in US, Europe
read this article on testfunda.com .... its quite intreseting.. u can make use of it too
Statistics released by the US Department of Labor indicate that a further 85,000 jobs were lost in the last month of the year, with employers laying off an unexpectedly higher number and breaking the trend of declining jobless numbers. In fact, November figures which had earlier indicated a loss of 11,000 jobs in the US now show a correction with a gain of 4,000 jobs. The December loss however indicates unemployment remains at a 10% level.
Taking a cue from the figures, the stock markets have also opened the year on a poor note, and may take time to consolidate. Everyone including the policy makers seem to have been taken by surprise at the sudden reversal of fortunes in the employment markets. The report confirmed that while the pace of job market deterioration has declined markedly in recent months, companies remain reluctant to hire, with the result that scarce paychecks will remain a dominant feature of American life for many months.
Across the ‘pond’, on the other side of the Atlantic, the European Union too played catch up with the US on employment figures with the percentage rising to 10 per cent for the first time since 1998 when the Euro was introduced. The rate of unemployment there has been steadily climbing, from 7.5 per cent in November 2008 to its current level of a little over 10 per cent. Latvia at 22.3 per cent and Spain at 19.4 per cent are the worst-affected of the EU countries. In fact, the unemployment rate for under 25s in Spain is currently around 43 per cent. The lowest rates were in the Netherlands, at just 3.9 percent, and Austria, on 5.5 percent.
Within the EU, Germany and Britian are showing signs of having left the recession but other places are still sunk deep. New job creation even in the countries doing well seems to be a distant thought for employers. The only possible ray of sunshine has been an increase in the number of temporary jobs that employers have in the US, where 47,000 positions were added in the month of December. Economists are taking this as a positive sign that companies are willing to invest in manpower in preparation for the coming turnaround, but are not yet ready to commit themselves to full-time employment hires.
The rise in unemployment numbers has put a lot of pressure on the Obama administration, to show how new job creation is happening from the $787 billion bailout package cleared a year ago. American workers have been unemployed an average of 29 weeks in December, the highest ever recorded since the data was tracked from 1948 onwards. Roughly 4 in 10 workers are jobless for over six months.
Economists estimate that the country needs to create at least 100,000 new jobs every month just to keep pace with the number of workers entering the job market. The November figures had indicated a turnaround, which has proved to be only a false hope as the bleak scenario continues. The story is the same in Europe, where economists say the unemployment rates would be even higher had France and Germany not backed programs to reduce number of working hours rather than the number of jobs.
Statistics released by the US Department of Labor indicate that a further 85,000 jobs were lost in the last month of the year, with employers laying off an unexpectedly higher number and breaking the trend of declining jobless numbers. In fact, November figures which had earlier indicated a loss of 11,000 jobs in the US now show a correction with a gain of 4,000 jobs. The December loss however indicates unemployment remains at a 10% level.
Taking a cue from the figures, the stock markets have also opened the year on a poor note, and may take time to consolidate. Everyone including the policy makers seem to have been taken by surprise at the sudden reversal of fortunes in the employment markets. The report confirmed that while the pace of job market deterioration has declined markedly in recent months, companies remain reluctant to hire, with the result that scarce paychecks will remain a dominant feature of American life for many months.
Across the ‘pond’, on the other side of the Atlantic, the European Union too played catch up with the US on employment figures with the percentage rising to 10 per cent for the first time since 1998 when the Euro was introduced. The rate of unemployment there has been steadily climbing, from 7.5 per cent in November 2008 to its current level of a little over 10 per cent. Latvia at 22.3 per cent and Spain at 19.4 per cent are the worst-affected of the EU countries. In fact, the unemployment rate for under 25s in Spain is currently around 43 per cent. The lowest rates were in the Netherlands, at just 3.9 percent, and Austria, on 5.5 percent.
Within the EU, Germany and Britian are showing signs of having left the recession but other places are still sunk deep. New job creation even in the countries doing well seems to be a distant thought for employers. The only possible ray of sunshine has been an increase in the number of temporary jobs that employers have in the US, where 47,000 positions were added in the month of December. Economists are taking this as a positive sign that companies are willing to invest in manpower in preparation for the coming turnaround, but are not yet ready to commit themselves to full-time employment hires.
The rise in unemployment numbers has put a lot of pressure on the Obama administration, to show how new job creation is happening from the $787 billion bailout package cleared a year ago. American workers have been unemployed an average of 29 weeks in December, the highest ever recorded since the data was tracked from 1948 onwards. Roughly 4 in 10 workers are jobless for over six months.
Economists estimate that the country needs to create at least 100,000 new jobs every month just to keep pace with the number of workers entering the job market. The November figures had indicated a turnaround, which has proved to be only a false hope as the bleak scenario continues. The story is the same in Europe, where economists say the unemployment rates would be even higher had France and Germany not backed programs to reduce number of working hours rather than the number of jobs.
Wednesday, January 13, 2010
NMAT prep starts...
NMAT prep starts from now on....I have a whole lot of GK books to read.... this is what happens when u prepare all year and dont bother to read the general day to day news and current affairs...
Few of we friends have started to read articles of the various websites... this helps big time and it also is an instant exercise for reading comprehension...
ill keep putting up as many articles as i can...
so stay tuned in...
Few of we friends have started to read articles of the various websites... this helps big time and it also is an instant exercise for reading comprehension...
ill keep putting up as many articles as i can...
so stay tuned in...
Friday, January 8, 2010
3 IDIOTS
Now that all the exams are sooo close i really need to study....im sitting on my study table and the phone rings...its a friend of mine we chat and talk bout studies and then she says how about a movie today???
n im like huh??!?!? are u nuts NNNOOO...n she is like we have studied all year for these exams 3 hours will not make a difference.... HELLL NOOO are u nuts is my reaction....she tries all sorts of dramatic attyachar and finally i squeak yes....
within 5mins she was under my house and no sooner had we left i found myself comfortabily placed in a chair digging my hand into a tub of popcorn.......the movie started off and for those three hours i had forgotten that in the next 48 hours id be done wid a paper which i am really looking forward to...
i was soo guilty that i had wasted my time but hey the movie wasnt disappointing and that saved it for me!!!
n im like huh??!?!? are u nuts NNNOOO...n she is like we have studied all year for these exams 3 hours will not make a difference.... HELLL NOOO are u nuts is my reaction....she tries all sorts of dramatic attyachar and finally i squeak yes....
within 5mins she was under my house and no sooner had we left i found myself comfortabily placed in a chair digging my hand into a tub of popcorn.......the movie started off and for those three hours i had forgotten that in the next 48 hours id be done wid a paper which i am really looking forward to...
i was soo guilty that i had wasted my time but hey the movie wasnt disappointing and that saved it for me!!!
Thursday, January 7, 2010
FMS mock tests
I had already taken mocks for the FMS test but im still not confident about my test preparation...
i need to do something more to give me that edge ahead... studying now is of no use... i have to concentrate on taking only tests and concentrate on areas in which im making mistakes..
my tests i took from a friend are done with ive taken 1 test from testfunda.com too...
i needed more tests so i took another one from testfunda.com...
my performance reports are showing a better scene in this particular test...i am confident but still need more tests to take as my test is 3 days from today and im going to be studying till day after midnight only...
i need to do something more to give me that edge ahead... studying now is of no use... i have to concentrate on taking only tests and concentrate on areas in which im making mistakes..
my tests i took from a friend are done with ive taken 1 test from testfunda.com too...
i needed more tests so i took another one from testfunda.com...
my performance reports are showing a better scene in this particular test...i am confident but still need more tests to take as my test is 3 days from today and im going to be studying till day after midnight only...
Tuesday, January 5, 2010
The XAT 2010 paper analysis
The XAT 2010 paper conisted of three sections. The section breakup was:
My friends say that the paper wasn't that tough....lets see some of them tried checking their scores on a test calculator...its on testfunda.com
You can also check ur scores on the XAT Calculator
My friends say that the paper wasn't that tough....lets see some of them tried checking their scores on a test calculator...its on testfunda.com
You can also check ur scores on the XAT Calculator
Saturday, December 26, 2009
The Next Business Opportunity - Water Conservation
In the current world, the demand for water is fast outstripping supply. Experts have long been of the opinion that the next major war will be fought not over oil but over water. For example, in 2004, Pepsi and Coke were forced to close down plants that were seen by local farmers and authorities as depleting the water table.
Similar challenges are likely to pop up in the future. With growing populations and economies, the pressure on water sources is increasing. Pollution from industries, agricultural runoff containing pesticides and other pollutants is affecting the water available. Changes in climate will only worsen the problem, and companies in each sector will have to figure out how to do more with less. The upgrade in technology needed to cover the gap in demand and supply of fresh water - recycling, desalination and a number of other technology advancements will cost in the region of $50 to $60 billion annually for the next two decades, meaning an opportunity of over $1 trillion.
The large chunk of this spending will be from governments, but private industry will account for at least 40% of the expenditure. The investments are expected to yield returns on expenditure in as little as three years. For this, policy makers recognize that certain technologies developed by private industry are critical to manage water supply effectively.
In the last five years, a growing number of progressive private-sector companies have been increasingly making their presence felt in the area of water conservation. As they develop new technologies for water-related processes, they have also started to influence the process of water regulation to ensure positive support for developing sustainable technology in the field.
One group of companies, led by Nestle, are showing that they have a role to play in developing a sustainable model for water utilisation and in helping formulate policy for the same. A second group is focusing on technology to get more output per drop of water. With the green revolution pushing up agricultural productivity, the incremental increases in productivity of agriculture are vital, considering that agriculture accounts for 80% of water requirements. Companies working in these areas include those developing biotechnology and GM crops.
This is one team. The second is working on developing better waste treatment and water treatment, which includes waste-water recycling and desalination technologies. Theory shows that water desalination can be achieved by using only a fourth of the energy currently required. The move towards improving the technology to reach this goal is critical. The third team comprises of companies which provide users with just-in-time and just-what-is-needed information. This helps regulate the requirement for water, energy and provides higher efficiencies, thus generating more per drop.
All these efforts are slowly being knitted together into policy frameworks, leading to a consolidated effort. Though not fully operational yet, the framework will soon streamline water utilization and conservation efforts. Progressive business leaders with their positive approach to the situation are helping shape solutions and policy for the benefit of all. This will lead to a better future for all, private enterprise and the public combined.
Source: testfunda.com
Similar challenges are likely to pop up in the future. With growing populations and economies, the pressure on water sources is increasing. Pollution from industries, agricultural runoff containing pesticides and other pollutants is affecting the water available. Changes in climate will only worsen the problem, and companies in each sector will have to figure out how to do more with less. The upgrade in technology needed to cover the gap in demand and supply of fresh water - recycling, desalination and a number of other technology advancements will cost in the region of $50 to $60 billion annually for the next two decades, meaning an opportunity of over $1 trillion.
The large chunk of this spending will be from governments, but private industry will account for at least 40% of the expenditure. The investments are expected to yield returns on expenditure in as little as three years. For this, policy makers recognize that certain technologies developed by private industry are critical to manage water supply effectively.
In the last five years, a growing number of progressive private-sector companies have been increasingly making their presence felt in the area of water conservation. As they develop new technologies for water-related processes, they have also started to influence the process of water regulation to ensure positive support for developing sustainable technology in the field.
One group of companies, led by Nestle, are showing that they have a role to play in developing a sustainable model for water utilisation and in helping formulate policy for the same. A second group is focusing on technology to get more output per drop of water. With the green revolution pushing up agricultural productivity, the incremental increases in productivity of agriculture are vital, considering that agriculture accounts for 80% of water requirements. Companies working in these areas include those developing biotechnology and GM crops.
This is one team. The second is working on developing better waste treatment and water treatment, which includes waste-water recycling and desalination technologies. Theory shows that water desalination can be achieved by using only a fourth of the energy currently required. The move towards improving the technology to reach this goal is critical. The third team comprises of companies which provide users with just-in-time and just-what-is-needed information. This helps regulate the requirement for water, energy and provides higher efficiencies, thus generating more per drop.
All these efforts are slowly being knitted together into policy frameworks, leading to a consolidated effort. Though not fully operational yet, the framework will soon streamline water utilization and conservation efforts. Progressive business leaders with their positive approach to the situation are helping shape solutions and policy for the benefit of all. This will lead to a better future for all, private enterprise and the public combined.
Source: testfunda.com
Monday, December 21, 2009
The CAT aftermath!!!
Ok CAT has passed and all i need is a vacation..... life is good now...but wont call it great..
tomorrow i start with FMS preparation...
not looking forward to it though...
i dnnw y it so feels that it wont be that good an idea to not study today... considering my cat wasnt that great... i mean it was good quant wasn't as disastrous as i expected it to be....
but still FMS is something which i was lookin forwrd to now....
havent any idea about how to start but ill surely put up some updates about FMS soon...
stay tuned in....
tomorrow i start with FMS preparation...
not looking forward to it though...
i dnnw y it so feels that it wont be that good an idea to not study today... considering my cat wasnt that great... i mean it was good quant wasn't as disastrous as i expected it to be....
but still FMS is something which i was lookin forwrd to now....
havent any idea about how to start but ill surely put up some updates about FMS soon...
stay tuned in....
Thursday, December 17, 2009
FMS mock tests...
Im quite tired of studying things all over again... and thats what i think the problem is with a lot of students honestly after u have studied for CAT u have fair idea of what the portion us like... the only thing u should now do is take papers and then analyze ur performance and study the area where u have made a mistake...
One of my friends had purchased an online test for FMS from testfunda.com...
i also purchased one... it was for Rs. 89 and so i thought that i wasnt going wrong in buying one and if it would be helpful ill recoomend it on my blog....
Now i took the test... it was a good one in terms of content and the reports that were shown in the end were worth all the effort...these reports tell u all ur weak areas and helps u concentrate on these sections.
If u wish to purchase it u can click here
One of my friends had purchased an online test for FMS from testfunda.com...
i also purchased one... it was for Rs. 89 and so i thought that i wasnt going wrong in buying one and if it would be helpful ill recoomend it on my blog....
Now i took the test... it was a good one in terms of content and the reports that were shown in the end were worth all the effort...these reports tell u all ur weak areas and helps u concentrate on these sections.
If u wish to purchase it u can click here
Monday, December 7, 2009
Corporate love letter
now that the CAT is done with im kinda bored i came across this article on testfunda.com n boy its soo stupidly funny...
The Corporate Love Letter
In today's world of MBA's, the old fashioned Love-Letter is being replaced by such 'Corporate' Love-Letters, go ahead and read on.
Dearest Ms. _____,
I am very happy to inform you that I have fallen in love with you. Since the 25th of December 2008. With reference to the meeting held between us on the 24 th of December 2008 at 1500 hrs, I would like to present myself as a prospective lover.
Our love affair would be on probation for a period of three months and depending on compatibility, would be made permanent. Of course, upon completion of probation, there will be continuous on the job training and performance appraisal schemes leading up to from lover to spouse. The expenses incurred for coffee and entertainment would initially be shared equally between us. Later, based on your performance, I might take up a larger share of the expenses.
However I am broadminded enough, to be taken care of all your expense account. I request you to kindly respond within 30 days of receiving this letter, failing which, this offer would be canceled without any further notice and I shall be considering someone else. I would be happy, if you could forward this letter to your sister, if you do not wish to take up this offer.
Thanking you in anticipation.
to read more of such articles click here
The Corporate Love Letter
In today's world of MBA's, the old fashioned Love-Letter is being replaced by such 'Corporate' Love-Letters, go ahead and read on.
Dearest Ms. _____,
I am very happy to inform you that I have fallen in love with you. Since the 25th of December 2008. With reference to the meeting held between us on the 24 th of December 2008 at 1500 hrs, I would like to present myself as a prospective lover.
Our love affair would be on probation for a period of three months and depending on compatibility, would be made permanent. Of course, upon completion of probation, there will be continuous on the job training and performance appraisal schemes leading up to from lover to spouse. The expenses incurred for coffee and entertainment would initially be shared equally between us. Later, based on your performance, I might take up a larger share of the expenses.
However I am broadminded enough, to be taken care of all your expense account. I request you to kindly respond within 30 days of receiving this letter, failing which, this offer would be canceled without any further notice and I shall be considering someone else. I would be happy, if you could forward this letter to your sister, if you do not wish to take up this offer.
Thanking you in anticipation.
to read more of such articles click here
Monday, November 30, 2009
CAT 2009 arrives!
Okay here i am this is me there is no where on earth i can be here i am just cat n me....lalalllllaaaa...
the exam is here im losing my mind went back to my guide... google here i come.... and i found this article which really helped me.... im personally taking my CAT on the 6th of Dec...
Tutorial (optional): Duration - 15 minutes.
We suggest, you should go through the tutorial once, even if you have seen it before.
Test Duration:
The actual duration of the test is 2 hours and 15 minutes.
Sections covered:
Verbal Ability, Quantitative Ability & Data Interpretation & Logical Reasoning; not necessarily in that order.
Test Format and pattern:
Reports suggest a total of 60 questions with 20 from each section. The pattern is similar to previous CAT papers.
Negative Marking:
Though not mentioned on the day of the exam, the IIM DEMO player does state that “Wrong answer carries negative point. Therefore it is to your advantage to answer every question correctly. If you are unsure of your answer, you can MARK the question for review if time permits”
However, the marks per question & the actual negative marking is not known hence it is futile to speculate about the cut-offs.
Highlighting Text:
You can highlight text in group questions like RCs. You can make multiple highlights in a particular screen, which gets deleted once you switch to the next screen.
Reviewing Questions:
You can mark a question to come back to it later. You can then Review either all the questions or review only the marked questions or review only the incomplete questions. The review shows a list of all the questions, but it will not directly give you a count of the questions attempted or to be attempted. You will need to manually count the number of questions for such data.
Items provided for rough work:
Pencils, eraser and a paper booklet of 4 A4 size papers will be provided. You will not be allowed to take your own stationary into the computer lab. In case of broken or blunt pencil points, your pencil will be replaced immediately.
Ending the test:
If you click the END button at the bottom of the screen, you are immediately logged out of the test. There is no popup box asking you whether you are sure about quitting the test. This button is very close to the NEXT button. Hence, while giving the test DO NOT click on the End button at any point of time.
Timer:
The timer is present on the screen at all time and shows the time remaining till the end of the test. Wrist watches are not allowed into the computer lab. At the end of the test, when your time runs out, you will be automatically logged out of the test and a screen with “You have run out of time” text will be visible.
WHAT WE DON'T KNOW
1. Weightage of a question
2. Will the number of questions remain the same for all the time-slots?
3. Quantum of negative marking.
WHAT WE DO KNOW
the exam is here im losing my mind went back to my guide... google here i come.... and i found this article which really helped me.... im personally taking my CAT on the 6th of Dec...
CAT 2009 – Exam Analysis
To put you minds at ease and answer all your queries about the CBT CAT 2009, here is a short writeup which enumerates the various points that you need to keep in mind while attempting the exam.Tutorial (optional): Duration - 15 minutes.
We suggest, you should go through the tutorial once, even if you have seen it before.
Test Duration:
The actual duration of the test is 2 hours and 15 minutes.
Sections covered:
Verbal Ability, Quantitative Ability & Data Interpretation & Logical Reasoning; not necessarily in that order.
Test Format and pattern:
Reports suggest a total of 60 questions with 20 from each section. The pattern is similar to previous CAT papers.
Negative Marking:
Though not mentioned on the day of the exam, the IIM DEMO player does state that “Wrong answer carries negative point. Therefore it is to your advantage to answer every question correctly. If you are unsure of your answer, you can MARK the question for review if time permits”
However, the marks per question & the actual negative marking is not known hence it is futile to speculate about the cut-offs.
Highlighting Text:
You can highlight text in group questions like RCs. You can make multiple highlights in a particular screen, which gets deleted once you switch to the next screen.
Reviewing Questions:
You can mark a question to come back to it later. You can then Review either all the questions or review only the marked questions or review only the incomplete questions. The review shows a list of all the questions, but it will not directly give you a count of the questions attempted or to be attempted. You will need to manually count the number of questions for such data.
Items provided for rough work:
Pencils, eraser and a paper booklet of 4 A4 size papers will be provided. You will not be allowed to take your own stationary into the computer lab. In case of broken or blunt pencil points, your pencil will be replaced immediately.
Ending the test:
If you click the END button at the bottom of the screen, you are immediately logged out of the test. There is no popup box asking you whether you are sure about quitting the test. This button is very close to the NEXT button. Hence, while giving the test DO NOT click on the End button at any point of time.
Timer:
The timer is present on the screen at all time and shows the time remaining till the end of the test. Wrist watches are not allowed into the computer lab. At the end of the test, when your time runs out, you will be automatically logged out of the test and a screen with “You have run out of time” text will be visible.
WHAT WE DON'T KNOW
1. Weightage of a question
2. Will the number of questions remain the same for all the time-slots?
3. Quantum of negative marking.
WHAT WE DO KNOW
- Prometric has extended the deadline for editing details till Dec 11.
- Biometrics Testing includes your photo being taken by a PC camera and an electronic finger printing (left and right hand index finger 3-3 times).
- Voucher Admit card printout and Photo ID are required to give the test. If you have lost either, call on the Prometric helpline immediately. Voucher number is required to login. The confirmation email need not be printed in the admit card. Only the admit card summary is important.
- Having different addresses in the admit card and in the photo-id won’t deter you from giving the test. To be on the safe side, if such a case rises, take your electricity or telephone bill with you.
- You do not require the Prometric username and password to give the test.
- The password required to login to the test will be given by Prometric volunteers at the start of the test.
- For doing rough work, pencil, eraser and a booklet having 4 A4 sizes papers (8 sides) are provided. No sharpners are provided. They just change your pencils.
- Skipping the 15 minutes tutorial won’t grant extra time for the test. It is advisable to go through the tutorial anyway.
- System is user-friendly.
- Changing resolution of the screen (zooming) is not possible.
- Exiting the test software or opening another application like Notepad of MS Word is not possible.
- Cntrl + F is disabled. So finding a word in RC using the same is not possible.
- Duration of the test won’t keep one down.
- Negative marking exists.
- You can start from any section of your choice.
- To clear the clicked option, re-click on the same to deselect the option.
- The END button is very close to the NEXT button. Be extra careful. You don’t want to ruin a year.
- We can jump between questions by using the Review feature (as shown in the CAT demo Player)
- Highlighting multiple lines in an RC section is possible. However, the selection is lost if we move away from the section.
- Time left is displayed on screen. Timer logs you out automatically at the end of the test.
- You wouldn’t get a score-sheet immediately after the exam is over. The results will be announced on 22-Jan-2010
- Make sure to file an official complaint with the Prometric ‘proctors’ if you find issues with the technology (any technical glitches) while giving the test.
- As marking system is unknown, the only strategy in hand is to attempt as many questions as possible without compromising on accuracy.
- Students claim that the level of difficulty of CAT was not as high as expected. Hence attempting more questions correctly will give you an edge.
- Reports say that attempting 45+ questions (spread out equally across the three sections) with a 80-85+ accuracy seems to be a good bet.
- It is recommended that a break up of 40 minutes for Verbal, 45 minutes for Quant and 50 minutes for DI LR is optimum.
- Students expecting higher scores suggest that 13-15 Qs in VA, 11-13 in QA and 10-12 in DI would help you get a good score.
Thursday, November 26, 2009
Hey there,
The CAT is just around the corner... not many days to go... im so scared need rest from my crazy schedule.... i was jus surfing the net today.. as u can see im writing after a break of a few days...
I have an official link which we could read...
Click Here
The CAT is just around the corner... not many days to go... im so scared need rest from my crazy schedule.... i was jus surfing the net today.. as u can see im writing after a break of a few days...
I have an official link which we could read...
Click Here
Friday, November 20, 2009
The CAT and its Player...
The CAT is a few days away and the test has a new avtar to it... its no longer a paper based test where we could mark our answers on paper.... ive attended many seminars conducted by CAT preparation leaders... some class room coaching institutes and online portals... but always had some doubts about the new format.... so as usual i fell back on google ive been looking for the CAT official player if anybody knows about it please let me know... if i find it ill put the link up here for u guys....
Wednesday, November 18, 2009
Time to take papers....
Im soo tired of studying.... life seems crazy now... studying and practising... cant get myself to doing anything except CAT preparation..... need a break away from studies but everytime i think i should probably not pick my books up today...I end up feeling so guilty about not doing something fruitful that day....ive decided that when im exhausted i would probably go through papers and research on prep material on various online addas... i was surfing a few sites and came across this article its actually a paper and tried to give it seems like it was a good idea coz im feeling so confident now...
hope it helps all the other MBA aspirants as well ive posted the link below
Source: Coolavenues Test by: Testfunda.com
hope it helps all the other MBA aspirants as well ive posted the link below
Source: Coolavenues Test by: Testfunda.com
Friday, November 13, 2009
My preparation is going well but was thinking maybe i should try and solve more papers.... it gives u the extra edge.... all my papers i collected are done with... i was on the look out for new tests and i found this link on rediff which toke me to testfunda.com.... i must say they have a really good question paper bank.... see their various questions under free resources...
Link to the same: TestFunda.com
Link to the same: TestFunda.com
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